MaxAB: Funding, Investors & Team (Sep 2026)
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies. It re-engineers the food and grocery market, using data-driven technologies and state-of-the-art supply chains. Its mission is to empower Egyptian retailers by availing access to a wide range of products, premium service, and operational support. MaxAB's technology-enabled supply chain is helping put the correct amount of food at the right place at the right time. The company was founded in 2018 and is headquartered in Cairo, Egypt.
MaxAB has raised $80.0M across 2 funding rounds on record, the most recent a Series B of $40.0M announced in Oct 2022.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
MaxAB Company Profile and Key Stats
Latest funding round on record: Oct 2022.
MaxAB Funding Rounds
MaxAB raised $40.0M in a Series A announced in Jul 2021.
1.3 years later, a Series B of $40.0M was announced in Oct 2022.
MaxAB Founders and Leadership Team
Contact details for the MaxAB team: 1 of 2 have an email address on file.
Start 14-day free trial →MaxAB Funding Compared to Other Commerce and Shopping Startups
MaxAB's latest round of $40.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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MaxAB Funding FAQs
What does MaxAB do?
MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies. It re-engineers the food and grocery market, using data-driven technologies and state-of-the-art supply chains. Its mission is to empower Egyptian retailers by availing access to a wide range of products, premium service, and operational support. MaxAB's technology-enabled supply chain is helping put the correct amount of food at the right place at the right time. The company was founded in 2018 and is headquartered in Cairo, Egypt.
How much funding has MaxAB raised?
MaxAB has raised $80.0M across 2 rounds on record. The most recent is a Series B of $40.0M announced in Oct 2022.
When did MaxAB last raise funding?
MaxAB's most recent funding round on record is a Series B of $40.0M, announced in Oct 2022.
Who founded MaxAB?
FundedIQ lists Mohamed Ben Halim (Founder) at MaxAB.
Who is the CEO of MaxAB?
Belal El-Megharbel is listed as CEO at MaxAB.
Where is MaxAB headquartered?
MaxAB is based in Cairo, Al Qahirah, Egypt.
How many employees does MaxAB have?
MaxAB is in the 251-500 employee band.
How does MaxAB's funding compare to other Commerce and Shopping startups?
MaxAB's latest round of $40.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's MaxAB Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MaxAB is left off this page rather than filled in.
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